LOVA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LOVA
Largest movements
- Cash -€703
down €703 (-4.3%), from €16,455 to €15,752
mainly Net result for the year (-€2,203)
- Profit (loss) carried forward -€2,203
down €2,203 (-55.0%), from -€4,005 to -€6,208
- Other debts +€1,500
new in 2025: €1,500
- Gross operating margin +€2,282
up €2,282 (+50.9%), from -€4,485 to -€2,203
- Financial charges -€52
no longer reported in 2025 (was €52)
of which Financial charges: -€52
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,455 | €15,752 | -€703 | -4.3% |
| Current assets | 29/58 | €16,455 | €15,752 | -€703 | -4.3% |
| Cash at bank and in hand | 54/58 | €16,455 | €15,752 | -€703 | -4.3% |
| Total equity and liabilities | 10/49 | €16,455 | €15,752 | -€703 | -4.3% |
| Equity | 10/15 | €16,455 | €14,252 | -€2,203 | -13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,005 | -€6,208 | -€2,203 | -55.0% |
| Amounts payable | 17/49 | - | €1,500 | +€1,500 | |
| Amounts payable within one year | 42/48 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | - | €1,500 | +€1,500 | |
| Gross operating margin | 9900 | -€4,485 | -€2,203 | +€2,282 | +50.9% |
| Operating profit (loss) | 9901 | -€4,485 | -€2,203 | +€2,282 | +50.9% |
| Financial charges | 65/66B | €52 | - | -€52 | |
| Recurring financial charges | 65 | €52 | - | -€52 | |
| Non-recurring financial charges | 66B | €52 | - | -€52 | |
| Profit (loss) for the period before taxes | 9903 | -€4,537 | -€2,203 | +€2,334 | +51.4% |
| Profit (loss) for the period | 9904 | -€4,537 | -€2,203 | +€2,334 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,537 | -€2,203 | +€2,334 | +51.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.